We have recently witnessed a significant increase in exposure in the field of cybersecurity and privacy, arising from an increase in the number of attacks against Israeli companies, changes in the regulation and the proliferation of litigation proceedings in this field. This “storm” requires the Board of Directors to proactively and consistently take measures to monitor the management of the cybersecurity and privacy risks at the company, in order to bring the company to a safe haven.
Assaf Harel gave a lecture at the Compliance Conference of the Clal Insurance and Finance Group regarding trends and exposure in the field of cybersecurity and privacy, and the role of the Board of Directors in dealing with them. The lecture, which was given to directors and senior managers of the Clal group, addressed, among other issues, the increase in cybersecurity risks against the backdrop of the Swords of Iron War, as well as regulatory changes in this field.
